October 10 2006

Selhurst Park

Simon Jordan has secured Crystal Palace's future by buying the freehold to Selhurst Park.

The Eagles supremo bought the ground from former chairman Ron Noades for £12m.

Jordan had four years left on a 10-year lease and the pair have been at loggerheads for several years over the sale.

Recent newspaper reports suggested Noades was going to sell to property firm Structadene which owns Bournemouth's Dean Court.

But Jordan has managed to strike a deal and can look to redevelop the dilapidated stadium.